Retail-Commercial for Sale
Catylist Listing ID: 30605834
Property Subtypes: Tavern/Bar/Nightclub
Building Size (RSF): 10,269 SF
Gross Building Area: See Agent
Sale Price: $1,300,000
Unit Price: $126.59 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

If you are looking for a great open floor plan property downtown this property is for you. The roof is new, the HVAC have been replaced. Cookout Restaurant has purchased the entire block directly across the street from this property. An appraisal can be shared once a contract is in place.

Additional Details

Nearest MSA: Birmingham-Hoover
County: Jefferson
Tax ID/APN: 2200364004001000
Retail Clientele: Business
Property Located Between: 3rd Avenue South and 24th Street South
Property Visibility: Good
Area Description: The property is located in the business district of downtown birmingham surrounded by retail, office, UAB Hospital and University Alabama Birmingham.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1930
Year Renovated: 2017
Parking Description: Limited parking, however a vacant lot may be purchased by a separate owner.
Heat Type: Electricity
Heat Source: Central
Zoning Description: M-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,892 91,708 199,687
Median Age: 31.64 36.56 36.92
Households: 6,018 40,735 84,147


Photograph of Listing Agent

Cassandra Chandler

The Chandler Group, LLC
BCX Member
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